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two. eric cantor, is he planning to take his job? plus, good news about hillary clinton today. but i want to know when the right will apologize for their deplorable behavior about her health. you're watching politics nation on msnbc. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. hi victor! mom? i know you got to go in a minute but this is a real quick meal, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] camp
to simply come up for a vote. but he's got problems, including his number two, eric cantor, doesn't like, he can't support what the senate passed in such a lopsided vote and it looks like there's going to be a vote maybe tonight on new legislation which if it's passed by the house would then have to go back to the senate. >> reporter: that's right. first of all, let's talk about your question about the house speaker. he, i am told by several people in this meeting today, was very intentionally did not give his opinion. he didn't say whether he supports or opposes this bill. eric cantor did and he was certainly sending a signal to conservatives and making clear his personal position for good reasons. as the speaker goes, he really, i'm told, was told to just listen to concerns of the members. but it is true that if they do amend this, that it would have to go back to the senate down the hall here and it would have to be passed by thm or not. the other thing, just to sort of play this out a couple of days, there's a new congress sworn in on thursday, in just two days. if they don't finish this
happen? >> eric cantor had promised a vote on the aid package before the lame duck session ended. >> the motion is adopted without objection to reconsider is laid on the table. >> reporter: but sources tell cnn right after the toxic fiscal cliff vote the house speak joern cliff vote the house speak joe n janua yanked the bill. >> reporter: the reason? cnn told the speaker he worried it was bad internal politics for him to allow a vote on $60 million after a long day of getting pommelled for spending. >> on a political chest board of politics our people were played last night as a pawn. >> i called the speaker four times last night after 11:20 and he did not take my calls. it is why the american people hate congress. it's why they hate them. >> reporter: and this meeting that just wrapped up really lasted a short time, maybe 20 minutes tops, wolf. it was clear that the house speaker knew he had to clean it up and clean it up fast and he had a plan ready to go to take the votes to reassure the republicans that were devastated by sandy. >> do you have doubt john boehner will be the
, governor cuomo, we met with eric cantor, who by the way, kept his word throughout this, and the bill was drawn. we were promised that it would come up yet. we provided every penny of documentation, and the speaker of the house of representatives walked off the floor, didn't even give us a courtesy of a notice, told as ann -- -- so there's some dysfunction in the leadership, the speaker for some reason is taking it out on new york, long island and new jersey, speaker boehner is the one. he walked off the floor, refused to tell us why, refused to give under the circumstances any indication of warning whatsoever, and eric cantor met with us throughout the week, he devised the strategy how to bring it to the floor to make it acceptable to let the republicans who wanted to vote against parts of the bill, they could do that, but the bill was going to pass. the bottom line is here. the republican speaker walked off the floor without allows the vote. i'm just saying these people have no problem finding new york, these republicans, when they're trying to raise money. they raised millions in n
to vote on the senate bill. he voted for it. eric cantor, his deputy who had long been rumored to be after his job, voted the other way. and so john boehner has been in a tenuous position. and then you had the controversy over hurricane sandy. he decided in deference to the spending concerns of some of his members to put off that vote last night and was blasted today by chris christie, the governor of new jersey, by peter king and other members from northeastern states, so he's gotta election tomorrow. i've got to tell you, larry, i spoke to a republican member who messaged me from inside a conference meeting and said there are no serious challenges to john boehner. there is a movement to have some nuts, as he called them, vote present in the speaker's election, but there won't be enough of them to matter, larry. >> wow, nuts voting present. john harwood, thank you very much. we'll talk to you tomorrow about this same story. let's go to two different viewpoints. we have two different people on mr. boehner's future. ron meyer, press secretary for american majority action. and robert costa,
right tea party members, republicans breaking ranks with their house majority leader eric cantor to vote for a plan, 85 house republicans voted for the deal, 151 republicans voted against the deal, including cantor, and that didn't sit well with the tea party. amy kremer tweeted this "i'm extremely disgusted with what happened in the house tonight. there will be consequences." and if you scan any of the big national paper this is morning, the headline might be that yes a deal was reached but how we got there is also making news. "the los angeles times" proclaimed "fiscal cliff plan clears house with gop divided." "the new york post" called it "leap of faith, gop breaks ranks to pass bill." jeff landry was on cnn's "early start" and acknowledged the party tension. >> we have to have a fight to determine what republicans actually stand for now. i think that what you saw november 6th was the fact that the republican establishment can't figure out what they stand for. >> over the next two months we could see a lot more political tension, that's for sure. the deal still has not addressed the
members, voted no, including majority leader eric cantor and republican whip kevin mccarthy. at the end of the day, enough lawmakers across the aisle agreed to the deal, but at a cost of extremely strained relationships. politico reports on an encounter between speaker boehner and harry reid in the white house lobby. go [ bleep ] yourself, boehner sniped, as he pointed his finger at reid, according to multiple sources present. speaker boehner refused to bring forward a bill funding emergency aid for victims of superstorm sandy. this is how republican peter king responded this morning. >> john boehner has been personally helpful over the years, so it pains me to say this, but the fact is, the dismissive attitude that was shown last night towards new york, new jersey, connecticut, typifies, i believe, a strain in the republican party. we cannot believe that this cruel knife in the back was delivered to our region. >> now, unfortunately, these leaders will still need to work together, and soon. with one deadline down last night, the president has already begun positioning himself for the n
wolffe nbc political analyst and executive editor of msnbc.com. ron, we noticed eric cantor voted against the speaker's deal with the president. are there republicans who want to see him oust mr. boehner from the speaker's chair as well? >> well, martin, i always like to save some breaking news for you when i come on. >> i'm grateful to you for that. >> i have huge breaking news tonight. there are serious rumors that at the conference tonight at 5:00 john boehner will announce that he's resigning as speaker of the house. there are multiple senior sources that i have talked to tonight that have said that this is going to happen. >> ron, i wouldn't wish to question your sanity, but i find that very hard to believe. >> i know. listen, i find it hard to believe. i was put at a one in four chance today we'd be able to kick him out today. there are a serious group of members thinking about it. >> do they have someone as an alternative in mind. >> eric cantor is probably the one. >> is this a coup? >> i don't have any evidence. >> you have to put evidence forward. you put forth a rumor. sub shan
speakership looking over his shoulder as the camera shows of eric cantor right behind him ready -- >> but cantor is with him now, isn't he? hasn't his number two guy joined him? >> he's his number two guy and supporter, but he's the spiritual leader of the tea party caucus there, and that's the group that seems to be calling the shots right now in the house of representatives. >> let's talk about the republican party. let's try to be really analytical here. you know, to me two things happen in every election. one, somebody wins, somebody loses, and then there's the other part of every election, a signal is sent, which way the country wants to go. it's a verdict that goes out to the people who got re-elected. careful, buddy, careful, lady, you could be next. isn't there a sense in the republican party that obama won a comfortable re-election? >> yeah but -- >> yeah but. >> that was boehner's mistake. >> he thought that was reality. >> he thought that was reality, and he learned the other night that it wasn't. >> republicans don't see it in that world. what covers the sky in their
's eric cantor, said he could not fopport the bill in its current form, despite the fact that it passed the senate at 2:00 this morn morning with huge bipartisan support. >> >> the yeas are 89, the nays are eight. mi reporter: the bill is the product of the intense last- minute negotiations between senate republican leader mitch mcconnell and vice president joe biden. it contains no major cuts, partly because the speaker and vicepulled out of talks with the president last month over a akand bargain that would have cut nearly a trillion dollars in th over . we asked louisiana republican john fleming about that. this bill makes a lot of tax cuts that republicans like permanent. why not claim victory, and then work on spending cuts in the the two months? >> well, that was discussed. and you're right, it makes some things permanent, particularly permhe estate tax area, its here aret fix to the a.m.t. so there are some actual things like like about it. but as a whole, we don't like other parts of it that we think are going to be devastating to the economy and jobs. >> reporter: congressman s
voted yes while eric cantor and kevin mccarthy voted no. if he decides to run for president in 2016, he might be going up against rubio or rand paul, they both voted no. ryan would be only one of the three that voted yes. the plan means the bush tax cuts will continue for those making under $400,000 a year and couples making less than $450,000 a year. the tax rates will go back up for those making more. the automatic spending cuts that were set to kick in today are delayed for two months. the deal with extend unemployment insurance for some two million people for a year. the estate tax goes back up to 40%. also tax credits will continue for child care, tuition and research and development. on the flip side, the payroll tax rate will go back up to more than 6%. next up, congress and the administration have to figure out what to do about the spending cuts that are going to go into effect in two months if we don't do something and also, there is the issue of raising the debt ceiling. we're back with more show and
republicans include some very powerful figures. eric cantor, kevin mccarthy, second and third highest ranking republicans in the house among them. a new congress is sworn in tomorrow, so boehner facing a crucial vote. will there be a revolt against him or despite some very public failures and the fact he wasn't even at the center of this whole debt deal itself, will he just sail into the speakership any way? this is a pretty, you know, amazing story. there's been a real repudiation, but how is this vote going to go is this. >> people may not realize that the speaker of the house is elected by the entire house, not just his or her party, so there will be a vote on the house floor tomorrow and what is going to be really fascinating to watch, erin, is how the vote goes because the difference between republicans an democrats, if you do the math, if all democrats voted against him, all any opponent would need to do is get 17 republicans to vote against him and what then happens is he doesn't get the majority and they take another vote and if he doesn't get the majority, they take another vote. it
yes. you had eric cantor voting no. is there a split as charles talking about here on the panel developing inside of the republican party that is being used and possibly taken advantage of by democrats including the white house? >> well, i will say something that is simplest thing to say is that charles is right. and that is a freebie. but it is not right as it relates to or it doesn't apply to not april politicable relating to boehner and cantor this, is a cal clue coup laigs. inside of the caucus that boehner is the, taking it, he says i brought the deal so i'm going to vote for it. ryan who is a pragmatist is saying i am the budget committee chairman. then, they're letting the other guys off the hook. if you look how small number of people is, that is voting in favor, how small the number of republicans voting in favor of this is, they're letting just about everybody off the hook. they're taking it and they're hoping that as few a number of human beings is watching this, as is possible. and that they will let this pass on into the night. that it will be done. and that is what
has the inside track. >> let's do something more topical, which is john boehner and eric cantor. the atmosphere up on capitol hill has been like the roman senate for a long time now. these folks working together in leadership, but even over a year ago, politico was running an article saying boehner and eric cantor call for a truce, talking about a year of behind the scenes bitter fighting. their staffs were trying to find a way to work together. speaker vote is coming up january 3rd. boehner had a bad beating in the plan "b" vote. you don't think this is going to get better, do you? >> the main thing he has going for him in that rivalry is he has the worst job in the world. >> really, the worst job? >> certainly the worst job in congress. basically, speaker boehner has to sit there and eat a lot of stuff that you wouldn't necessarily eat because there are a lot of republicans who basically want to emote, they want to act up. and speaker boehner just has to take it and try to hammer deals. and eric cantor goes into his role, he has to do the same thing boehner has to do. >> the s
of the fiscal cliff deal. speaker boehner wanted it past but eric cantor was against it. it turns out the tension goes a lot farther back for two other members of the caucus. it starts with darrell issa who voted against the fiscal cliff. >> i'm with eric cantor. i can't vote for it in its current form. the senate and the president and vice president failed to meet their obligation. their own stated obligation which was to bring us a balanced bill. one that had tax adjustment, yes. but also had spending cuts. this one fails at that and fails badly. >> so enter ohio republican steve latourette who wasn't jazzed but took the plunge and voted yes. >> i went to the same high school as congressman issa but we haven't agreed on much since. >> did you agree in high school? >> i didn't see him a lot in class, so i don't know. >> somehow i doubt they'll show up together at the reunion. one point of agreement, both congressmen suggested that new year's eve was partially to blame for what the senate put together. >> i think it's a little unreasonable for senator reid to say something they produc
. instead majority leader eric cantor said he won't support the measure. and others left open the possibility of changing the bill. and sending it back to the senate. so how will the twists and turns play out? we turn to newshour regular todd zwillich. he's washington correspondent for "the takeaway" on public radio international, and was there for the senate vote until nearly dawn today. todd, you've probably slept at the capital last night. most of the republicans in the senate voted for this bill. what is the problem that the house republicans have with it? >> well, the house is a fundamentally different place than the senate, judy. remember, this is not the first time we've seen this dynamic. back in february there was the debate over that very payroll tax holiday that is expiring... that has expired frankly at midnight. you got 89 or 90 votes in the senate for that. that deal fell apart in the house. the highway bill got 74 bipartisan votes in the senate. that fell apart. they're two different places. there had been tacit assurances or at least pronouncements from the hou
will convene for a rare sunday evening session. house majority leader eric cantor says the house could be in session until january 2nd, the day before the new congress is sworn in. boehner, meanwhile, maintains that it's up to the senate to act first. >>> millions of americans may watch the ball drop new year's eve in times square, but a group of democrats is organizing its own ball drop on capitol hill. they'll launch their countdown today. their ball represents republicans dropping the ball on middle class families should lawmakers fail to reach a deal to avoid the fiscal cliff. >>> new this morning, iran's state television is reporting the country's navy started training drills in the strait of hormuz. that area sees 20% of the oil pass through it. the state tv report says that the programs include more ships, submarines and jet fighters. they've warned other ships to stay away from the site until after the new year. >>> melissa mollet joins us from the live desk with more. good morning, melissa. >> good morning. the search is on for 23 pakistani policemen who appear to have been ki
leadership was in favor. then we got a clue early today from eric cantor that he didn't like the bill. he in the end did not vote in favor of it. he voted nay. >> correct. he voted no and another member of the leadership, kevin mccarthy, the whip, he also voted know. so they were split inside the leadership. i think the big issue today wasn't necessarily within the republican leadership. it wasn't so much as split there. it was a lot of concern and discontent among all of the rank and file republicans that they were put in a position where they had to vote for something. they had to look at it fast. they didn't love this compromise and the house republicans, as we know well, are not used to voting on something that they don't see as pure and so it took a little while as a republican source earlier said to me for them to wind themselves up this morning and then slowly to wind themselves back down and accept reality, which is what we just saw. >> no one there owes themselves any congratulations. this took place 518 days after we first learned this fiscal cliff would take place. this was an
. then we got a clue early today from eric cantor that he didn't like the bill. he in the end did not vote in favor of it. he voted nay. >> correct. he voted no and another member of the leadership, kevin mccarthy, the whip, he also voted know. so they were split inside the leadership. i think the big issue today wasn't necessarily within the republican leadership. it wasn't so much as split there. it was a lot of concern and discontent among all of the rank and file republicans that they were put in a position where they had to vote for something. they had to look at it fast. they didn't love this compromise and the house republicans, as we know well, are not used to voting on something that they don't see as pure and so it took a little while as a republican source earlier said to me for them to wind themselves up this morning and then slowly to wind themselves back down and accept reality, which is what we just saw. >> no one there owes themselves any congratulations. this took place 518 days after we first learned this fiscal cliff would take place. this was an embarrassing moment for
for the plan, majority leader eric cantor voted against it, as did kevin mccarthy, his chief whip. does that send a message to the chuckle head as your colleague said? if boehner and cantor is split, there's no reason we can't oppose the big deal? >> i'm proud of the speaker. he knew what needed to be done. he provided the cover for us to do, let the conference work its will. leadership is about leading and i think he did that. in the fights ahead of us, we're going to be awfully unified. there's no any difference in the ranks in terms of cutting spending and entitlements. i think the president played his best card in the opening round of the poker game last night. he's not going to get that one again. the revenue questions are over. it's all about spending and entitlement cuts. we'll seep how brave he is whether it comes to dealing with his party. >> do you think the leadership style by boehner is effective, though, to let your house caucus vent? it's almost the prodigal son, right? can you do that with a debt limit deal that could send the entire world in chaos? >> it's the trillion d
on the fiscal cliff bill that the senate passed overwhelmingly last night. house majority leader eric cantor appears to be the leading person against the bill because it does not contain spending cuts. house speaker john boehner has taken a position. democrats are urging him to schedule a vote on the bill as it stands now. >>> prince william county officer is being remembered for his years of service to the community. motorcycle officer chris young was killed yesterday when he collided with a minivan. flowers and crosses sit at the site of the accident. he spent seven years on the police force. >>> it is cold out there today. and some folks are getting sprinkles in some areas. >> veronica johnson is here to tell us what to expect the rest of the week. >> hey will. important the rest of the week we go down and then go back up. and -- as you mentioned some of us seeing the sprinkles. that was earlier today. that's now way down to the south. all of us seeing cloud cover take a look at our shot here. you can see the monument there in the distance. the -- washington monument. we have clouds to th
had from both the speaker and the majority leader eric cantor are iron clad. i think we're going to proceed. and i think that this recognizes the heartache and misery that both of our states, the region have suffered as a -- it has been as the governor emphasized, governor christie and in his press conference within the last hour or two, it has been over 66 days. i think it is about time congress responded. i'm pleased that the speaker and the majority leader have listened to our pleas. >> why not have voted on the senate bill and have it all done today? >> that was our hope, but, you know, it will happen. that's the bottom line. and it will happen at the amount that we think is required to meet the legitimate needs of the people of new jersey, new york and points north. >> we asked congressman king, the speaker tell you the reason why he abruptly yanked this from the calendar? >> as peter probably said, he alluded to the fact that there was so much going on, but did not give a specific reason. you might want to ask him that. for us, it is about getting critical aid to people who
, but sometimes they're just playing checkers. eric cantor is much more the kind of guy, he has been very vocal about the need to trim debt. so it's logical that he would vote against it. they did wait until it passed. so they had some spots ability to their speakers and their leadership position. in the end, they know this has to go through, because we are out of time. john boehner votes for it more as a symbolic thing. he said yesterday if we cannot find a republican votes to amend this, i will just go for it. he feels a sense of responsibility to accept a deal that's coming down. host: you have a piece on the blog that says house members have a message to speaker ehner -- what is the latest on that? guest: i think that is all we will see today. the house and senate are back in today. the senate back into thinking they might get a sandy relief bill. what happened yesterday was a rare occurrence where you had a bunch of republicans and democrats to show up at the last minute after the cliff vote and they were really upset. delma had about a minute to talk. a lot of them used strong language, s
to speaker john boehner, majority leader eric cantor, maturity with kevin mccarthy. it's not for this class of 87 freshman, class of 2010 he would be minority leader boehner. these guys came and not beholden by any means to leadership and made it clear from the outset that they were not going to be told to fall into line. the real problem for this republican leadership, but to prove to be the case if ever the democrats regain power is the enforcement tools of yesteryear aren't needed of yesteryear, since earmarks have now been banned, since if the blogosphere you can turn someone into an instant martyr by stripping them of their committee assignments. it's very, very hard to use a stick in addition to a kerry. there's a point in my book i refer to after the debt ceiling fiasco of the summer of 2011 when they come back in another resolution to fund the carpet because the obama administration hadn't passed a budget was coming up. the republican leadership of the ticket and easy vote and in fact the members voted against it. the appropriations committee, which designs continue dissolutions and
. then had you majority leader eric cantor and republican whip kevin mccarthy who voted no. cantor said he was disappointed with the bill. here's how it was sold to republicans. >> so by making republican tax cuts permanent, we're one step closer to comprehensive tax reform that will help strengthen our economy and create more and higher paychecks for american workers. >> what's interesting is with a lot of big bills you see the speaker get up and try to fire up his troops to vote for it you will see the majority leader eric cantor try to get up and fire up the base to vote for it. in this case, it was left to the chairman of the house ways and means committee, dave camp. jon? >> jon: not a lot of holiday cheer among two of the most powerful people on the hill. >> that's right. you could definitely feel the tension going higher and higher the closer it got to the deadline. last friday at the white house, fox news has confirmed speaker john boehner told senate majority leader harry reid to, quote: f himself twice after reid had said boehner was running the house like a dictatorship and sai
into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs a
and will do it. a lot of people looked at that and said is there a rift, is this eric cantor positioning himself for a coup. i think that's fairly unlikely. the house speaker boehner certainly has plenty of support going into his election tomorrow where he's expected to be reelected the speaker of the house when the 113th congress convenes. so i think folks are reading a little into that. but certainly it was eric cantor being a little who are conservatives. >> many are very angry about this deal. we saw this tweet from the tea party expression, amy cramer said i'm disgusted with what happened in the house last night. there will be consequences. what will the blow back be, do you think? >> in the short term, i don't think there's much at all. and certainly many folks believe that the tea party may be losing steam if anything under this new deal. but remember, as brianna pointed out, we'll be back here again in march. you have the debt limit, the government maxed out its credit card december 31st. treasury is now taking extraordinary measures for the government to pay its bills. you have
is john boehner and eric cantor. even politico was saying a year ago they call for a truce, their staffs were trying to find a way to work together. speaker vote is coming up january 3rd. boehner had a bad beating in that plan b vote. >> i think the main thing that boehner has going for him in the rivalry is he has the worst job in the world. >> is it really the worst job in the world? >> certainly the worst job in congress. speaker boehner has to sit there and eat a lot of stuff you wouldn't necessarily want to eat because there are a lot of republicans who basically want to emote, they want to act up and speaker boehner just has to take it and try to hammer deal and eric cantor, if he goes into boehner's role, he has to do the same thing boehner wants to do. >> the starting quarterback hates the number two quarterback and boehner, if he was smart, he should have dispatched him a long time ago and said, young man, i'm going to put you out to pasture if you pull that crap on me again. he made a mistake over the debt ceiling. >> the two of them are working very closely during the negotiat
, republican leadership was in favor. then we got a clue early today from eric cantor that he didn't like the bill. he in the end did not vote in favor of it. he voted nay. >> correct. he voted no and another member of the leadership, krevin mccarthy, the whip, he also voted know. so they were split inside the leadership. i think the big issue today wasn't necessarily within the republican leadership. it wasn't so much as split there. it was a lot of concern and discontent among all of the rank and file republicans that they were put in a position where they had to vote for something. they had to look at it fast. they didn't love this compromise and the house republicans, as we know well, are not used to voting on something that they don't see as pure and so it took a little while as a republican source earlier said to me for them to wind themselves up this morning and then slowly to wind themselves back down and accept reality, which is what we just saw. >> no one there owes themselves any congratulations. this took place 518 days after we first learned this fiscal cliff would take place
to be speaking for this bill but i can't. >> reporter: 151 republicans including eric cantor the number two ranging house member voted against the bill because it doesn't address spending. >> what we're really doing is raising taxes to give the president more money to spend. >> reporter: president obama has promised to work with congress to find more spending cuts in the future. but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> reporter: treasury secretary timothy geithner has warned congress the country is just a few months away from defaulting on its loans for the first time in u.s. history. >> the consequences for the entire global economy would be catastrophic, far worse than the impact of a "fiscal cliff." >> reporter: but many republican congressmen say the debt limit debate is the last chance for them to secure the deep spending cuts necessary to pay down our nation's debt. tara mergener for cbs news, washington. >>> after his addr
, including eric cantor, the number 2 ranking house member, voted against the bill because it doesn't address spending. >> what we're really doing is raising taxes to give the president more money to spend. >> reporter: president obama has promised to work with congress to find more spending cuts in the future. but he urge them not to play politics with the debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> reporter: treasury secretary timothy geithner has warned congress the country is just a few months away from defaulting on its loans for the first time in u.s. history. >> the consequences for the entire global economy would be catastrophic, far worse than the impact of a "fiscal cliff." >> reporter: but many republican congressmen say the debt limit debate is the last chance for them to secure the deep spending cuts necessary to pay down our nation's debt. the bill now goes to president obama for signature. back to you. >> thank you. >>> our other big story the weather this morning. it could b
no sign they were ready to call a vote on the senate bill. instead majority leader eric cantor said he won't support the measure. and others left open the possibility of changing the bill. and sending it back to the senate. >> woodruff: the story at this hour still unfolding at the house but all signs are pointing to a vote on the senate compromise later tonight. we get an update now froms in regular todd zwillich. he's washington correspondent for the take-away, public radio international. he was there for the senate vote til nearly da today. so, todd, it looks like another long night for you and the other members of the press, members of the house, of the congress. where does everything stand right now? >> well, judy, house republicans met about an hour, hour-and-a-half ago. they just had been on the house floor. now that vote was not notable except it was a whip session. here's what house republican leaders have told their rank-and-file. we have two choices for you. choice one is to amend this bill. they've got a package ready to go of spending cuts. 's about $330 billion over ten years
of republican opposition in the house. hastily leaving a meeting of house republicans today, eric cantor, the second highest ranking republican in the house, announced even he was opposed. >> i do not support the bill. >> reporter: house republicans objected because the bill includes virtually no spending cuts. in fact, the deal would actually add nearly $4 trillion to the deficit over the next ten years, mostly thanks to the cost of extending those tax cuts for everybody making under $400,000. >> there's no spending cuts. we're adding $4 billion a day to the debt. and we feel like the senate bill failed miserably. >> reporter: if they don't get their act together, the consequences will be immediate. the pentagon has already drafted notices to 800,000 civilian employees warning they may be put on unpaid leave. and those tax increases triggered today will start to hit our paychecks this week. the average family, seeing a tax increase of almost $3,500. there is intense pressure on house republican leaders to resolve this before the stock market opens tomorrow morning. they are hearing from
gop leader paul ryan voted yes but house majority leader eric cantor who led a brief last-minute charge against the deal and kevin mccarthy voted no. earlier i had a chance to visit to politico's congressional reporter. we talked about how the bill got through the house and the political ramifications of sealing the deal. hughes republicans were earlier considering a deal with more spending cuts. it was different than what the senate had passed. what ended up happening? why did republicans change their minds? >> basically they knew if they tried to make any changes that the senate had already sent over to them, it would greatly prevent them getting it done before congress was sworn in at noon. harry reid, the senate majority leerksd said it's going to be very, very tough. a lot of them were tired. the senators were already home and they were waiting for the house to just sign off on it. so any changes, especially major changes, would have, could have really, really scuttled this thing from passing and getting to president obama's desk very quickly. >> is there any real win
john boehner, minority leader eric cantor, kevin mccarthy. it's not for this class of 87 freshman. the class of 2010. would be minority leader boehner. these guys came and not beholden by any means to leadership and made it clear from the outset that they were not just going to be told to fall into line. the real problem for modeled this republican leadership, but to prove to be the case if the democrats regain power is that the enforcement tools of yesteryear are indeed of yesteryear, since it earmarks have now been banned, since the blogosphere you can turn somebody into an instant martyr by stripping them of their committee assignments. it's very, very hard to use a stake in addition to a kerry. there's a .. of my book i referred to after the debt ceiling fiasco of the summer of 2011 when they came back in yet another conjuring resolution used to fund the government and the obama administration had passed a budget was coming up. the republican leadership believed they couldn't use the vote in fact there are members voted against it. the appropriations committee, which designed
idea. >> reporter: even eric cantor, the second-highest ranking republican in the house, was opposed to the deal struck by his colleagues in the senate. >> i do not support the bill. >> reporter: but others said, like it or not, the bill was the only way to prevent a big tax increase for virtually every american worker. >> republicans and the american people are getting something really important, permanent tax relief. >> reporter: the bill will prevent an income tax relief on workers earning under $400,000 a year. but the bill leaves a lot left to do. in two months, the government will hit the limit of how much money it can borrow, unless congress raises the so-called debt ceiling. an automatic, across-the-board cuts to the pentagon and other agencies, are only to be delayed for two months, setting up another from fiscal cliff on march 1st. congress has adjourned. and late last night, after midnight, the president left for hawaii to meet with his family. and hopefully, he thinks for a few days' vacation. >> you mentioned the breathing per feelings got raw at the last minute. >> repo
before breaking pieces and catching on fire. gregg: new videotape shoug house majority leader eric cantor arriving at capitol hill. he really didn't say much of anything. he was asked what's going on, is there a deal? he basically said, happy new year, happy new year, happy new year three times. and the senate is not convening until about 11:00 a.m.. it may not be officially reconvening but just meeting. that was the time that harry reid said it would happen. tony sayegh, former press aide to gop vice-presidential nominee jack kemp and national political correspondent for talk radio news service. kirsten powers, columnist for "the daily beast" and fox news contributor. questions ten, you said the president will come out getting most he what he wants. how do you figure that? >> well the main thing that the president wanted and what he really ran on during the entire campaign was raising taxes on people who make over $250,000. it's possible that threshold could move a little bit. the president put about the a week or two ago 400,000 threshold on the table. sew we could see something that go
number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waiting on the senate to do something. the senate coming into session tomorrow, by the way. is that speaker boehner couldn't get enough votes to move forward on a plan to avert the cliff last week. that's why we are where we are right now. the president will be boarding air force one in a few hours. flying overnight back to washington. is he likely to bring together congressional leaders in the next couple days when he he gets back to washington. time is running out, harris. >> harris: no breaking news in any of that. but we did see some today. treasury secretary tim geithner saying we could hit the debt ceiling the day after we follow off the fiscal cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these
is majority leader is eric cantor. cantor voted against this deal last night. a spokesman told us the virginia congressman was not happy with the bill that passed the senate and spent all day yesterday trying to find an alternative but he couldn't. he said he is still proud of the speaker and other republicans who vote to do avoid what he called the largest tax hike in u.s. history. >>> the debate is far from over as law americas turn their focus to the debt ceiling and spending cuts. for that we take a look at who is talking. >> charles krauthammer talking his analysis how he thinks those negotiations will unfold. >> i expecting it will end up with a patch with the view of our fiscal problems another failure as tonight. the reason is you have two ems in this the president and the republican house which will be on more equal strength they will work out another useless extension and they will have to fight again. and the reason i say that is that everybody spoke about tax reform after the election entitlement reform after the election. we see a president now who is not interested in either. tax
, eric, that's where the ball is going now. but what i think the speaker and maybe majority leader eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise taxes on $250,000 and above. he moved that goalpost to $400,000 or more. speaker baner was far away saying it should be $1 million . he brought it up and had to pull it back. there is frustration among the president's aides, jumping through hoops, trying to get a deal. now the president is on vacation in hawaii and there's been no progress. everyone went home for the holidays. >> i want to get this in. i have to ask, a lot of people were surprised the president announced he would come back from vacation. when did you know he was going to do that? >> we've known for at least two or three days it was likely he would come back. he want
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